Bonds of the Kingdom of Italy
Bonds of the Kingdom of Italy
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The first coupon attached to these bonds will, consequently, be payable on Jan- uary 1, 1921.
Subscriptions to this loan were opened on January 5, 1920; they were closed in Italy on February 7th and in the United States on March 10, 1920.
The following were accepted, at various prices, in payment of subscriptions to this Loan. (1) Cash, coupons of the consolidated and redeemable Government debt, Treasury bonds of several years, each maturing on July 1, 1920, and registered Treasury bonds; (2) O...rdinary Treasury bonds, five-year 4% Treasury bonds maturing October 1, 1920, three- and five-year 5% Treasury bonds maturing April 1st and October 1st of the years 1920, 1921, 1922 1923 and 1924; (3) Obligations of the Public Debt of the State redeemable by lot, drawn but not yet paid; and (4) Foreign securities designated by the Minister of Finance.
The interest on this Loan is not subject to conversion "except after Decem- ber 31, 1931. " In case the Treasury chooses, after 1931, to exercise its right of conversion, holders will be granted the alternative of accepting the reduction in the rate of interest or of demanding the repayment of their securities at par and not at the price of issue.
What to read after Bonds of the Kingdom of Italy?
You can find similar books in the "Read Also" column, or choose other free books by W B Hibbs to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The first coupon attached to these bonds will, consequently, be payable on Jan- uary 1, 1921.
Subscriptions to this loan were opened on January 5, 1920; they were closed in Italy on February 7th and in the United States on March 10, 1920.
The following were accepted, at various prices, in payment of subscriptions to this Loan. (1) Cash, coupons of the consolidated and redeemable Government debt, Treasury bonds of several years, each maturing on July 1, 1920, and registered Treasury bonds; (2) O...rdinary Treasury bonds, five-year 4% Treasury bonds maturing October 1, 1920, three- and five-year 5% Treasury bonds maturing April 1st and October 1st of the years 1920, 1921, 1922 1923 and 1924; (3) Obligations of the Public Debt of the State redeemable by lot, drawn but not yet paid; and (4) Foreign securities designated by the Minister of Finance.
The interest on this Loan is not subject to conversion "except after Decem- ber 31, 1931. " In case the Treasury chooses, after 1931, to exercise its right of conversion, holders will be granted the alternative of accepting the reduction in the rate of interest or of demanding the repayment of their securities at par and not at the price of issue.
What to read after Bonds of the Kingdom of Italy?
You can find similar books in the "Read Also" column, or choose other free books by W B Hibbs to read onlineMoreLess
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